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VanEck Natural Resources ETF (HAP) Sharpe Ratio: 2.07

ETF · Currency in USD · Last updated Jul 14, 2026

The VanEck Natural Resources ETF seeks to track the performance of the MarketVector Global Natural Resources Index, providing exposure to companies involved in the exploration, production, and distribution of natural resources globally.

HAP's Sharpe Ratio of 2.07 indicates that for each unit of volatility, it generates 2.07 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

HAP Sharpe Ratio Rank

HAP Sharpe Ratio Rank: 81.982
Exceptional

HAP ranks above 81.9% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

HAP Sharpe Ratio Market Positioning

The chart shows HAP's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.73 or lower
  • Yellow zone (middle 50%): 0.73 to 1.90
  • Green zone (top 25%): 1.90 or higher
  • Top 1%: 6.57+
  • Median: 1.39 — half of all investments score higher

How it compares to other similar ETFs

The table compares VanEck Natural Resources ETF's Sharpe Ratio with other ETFs in the Energy Equities category across multiple time periods, showing how HAP's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 14, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CRAKVanEck Oil Refiners ETF2.73
EIPXFT Energy Income Partners Strategy ETF2.53
USNGAmplify Samsung U.S. Natural Gas Infrastructure ETF2.40
PXJInvesco Dynamic Oil & Gas Services ETF2.36
BESFBastion Energy ETF2.31
PIPEInvesco SteelPath MLP & Energy Infrastructure ETF2.29
XESSPDR S&P Oil & Gas Equipment & Services ETF2.16
EINCVanEck Energy Income ETF2.13
UMIUSCF Midstream Energy Income Fund ETF2.12
TPYPTortoise North American Pipeline Fund2.08
HAPVanEck Natural Resources ETF2.07

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows HAP's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when HAP consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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